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NJ probate:sister died, no will. brother took po box keys-did not notify post office. picking up mail/not sharing contents.
Peter's answer
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Answered on December 14, 2014
Just because he did something wrong, doesn't mean that there has been any financial loss. If he has used the keys to steal checks, now there is a...
I inherited an expensive painting from my aunt who died and lived in Florida. Do I have to pay taxes once I sell the painting?
Peter's answer
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Answered on December 14, 2014
Obtain from the executor the value of the painting on the date of your aunt's death, as that is your new tax basis in the art. If you sell at that...
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Will my late aunts son receive the trust that she was beneficiary of in NJ? or will it go to the next sibling?
Peter's answer
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Answered on October 15, 2014
When assets are held in trust, they are held under the terms of the trust itself. When a person dies, the trust assets are then either are held...
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In Connecticut, do I have the right to live in my father's house until it is sold to settle the estate?
Peter's answer
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Answered on October 07, 2014
As I said in the last entry you put in, to answer the question we would need a copy of the will for sure, and very likely the will does not...
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My brother is named executor in my Father's Connecticut Estate. Do I have the right to live in the house until sold?
Peter's answer
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Answered on October 07, 2014
Wellllllll could be. It will depend a bit on what the will says. If your brother is the executor and if the house is part of your dad's estate,...
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My dad passed away in March 2014 he did not leave a beneficiary to his retirement my mother signed off legally on his retirement
Peter's answer
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Answered on October 06, 2014
If it was a 401k, then he most likely had to give it to his wife. If not, then it pours into his estate. Did he have a will? If so, it will say...
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Do I need an estate lawyer?
Peter's answer
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Answered on October 06, 2014
If you mother left the house to you three kids as "Tenants in Common", then they can give their 1/3 to anyone....charity, kids, etc. If she left...
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Two Wills
Peter's answer
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Answered on October 06, 2014
If your mother signed the new will in 2002 and cancelled the 1987 will, the 1987 will is void. If she later voided the 2002 will be tearing it up,...
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My wife and I are paying $1200 for our estate plan; Basic will, POA, healthcare POA, and living will. is this a fair price?
Peter's answer
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Answered on October 06, 2014
Yes, I take it that the will sets up a protective trust for your children? If you have large IRAs, you should also consider IRA trusts.
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Trust agreement Article XII: "This trust shall be IRREVOCABLE." Does INITIAL funding of irrevocable trust constitute a gift to
Peter's answer
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Answered on October 06, 2014
You certainly can get that information as a beneficiary, and if the Trustee's actions caused you a loss, you can even ask the court for a...